MTECHTIPS MCX GOLD INTRADAY trading tips 05-09-2017

MTECHTIPS MCX GOLD INTRADAY trading tips 05-09-2017
MTECHTIPS Gold is in strong uptrend and the trend is supported with good volume The open interest is not increasing with trend . Cautious point is buying at higer levels seems decreasing. The Gold is now trading in overbought level. The Gold is now trading in overbought level. The oscillator is showing BUY signal For short term Gold is in HOLD LONG position.Positionally Support for the Gold is 29375-29253-28960-28614-28584-28546-. Immediate resistance for Gold is 30388Short term and Intraday Level of GOLD Currently Gold is in HOLD LONG position Gold is in sideways and sellers was at high so for short term better buy above 30410.6 or hold with stop at 29412.0 The next resistance will be at 30267.0 The Gold is now trading is approaching overbought level. The oscillator is showing BUY signal
Intraday Trend- Buy is advised only above 30410.6 with a stop at 29922.6 Below 29800.4 go for sell and put stop at 30287.9
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